Jasper Design Automation Continues to Accelerate Its Global Growth with Appointment of Coby Hanoch as New Vice President of International Sales

Mountain View, Calif. – September 20, 2011 – Jasper Design Automation, the leading provider of verification solutions based on formal technology, today announced that Coby Hanoch has joined the executive team as Vice President of International Sales to manage sales activities outside of North America. “Jasper is growing at a tremendous rate,” said Kathryn Kranen, President and CEO of Jasper. “Having worked with Coby for many years, I am confident he has the right drive, talent, and experience leading multi-national sales organizations to leadJasper’s global growth.”

Coby has over 30 years of experience in the Semiconductor and EDA industries. In 1995, Coby was a member of the founding team of Verisity and was responsible for creating the professional services organization. Between 1998 and 2005, Coby held a variety of executive sales positions, setting up Verisity’s sales channel throughout Europe and Asia, and most recently serving as Sr. Vice president of WW sales. During his tenure, the company filed for an IPO and reached over $70M in revenue. When Verisity was acquired by Cadence, Coby served as Cadence’s VP of Worldwide Verification Sales. After Leaving Cadence, Coby created EDACon, a worldwide EDA distribution organization.

“I am very excited to join Jasper because I see the high demand for Jasper’s formal solutions in a broad range of verification applications. Jasper’s state-of-the-art technology, ease of use, and unique deployment model provide a formula for rapid proliferation,” commented Coby. “Jasper is at the same inflection point as when Verisity experienced exceptional growth.”

About Jasper Design Automation

Jasper delivers industry-leading EDA software solutions for semiconductor design, verification, and reuse, based on state-of-the-art formal technology. Customers include worldwide leaders in wireless, consumer, computing, and networking electronics. Jasper technology has been an integral part of over 150 successful chip deployments. Jasper, headquartered in Mountain View, California, is privately held, with offices and distributors in North America, South America, Europe, and Asia. Visit www.jasper-da.com to reduce risks, increase design, verification and reuse productivity; and accelerate time to market.